616 W St Louis Street, Lafayette, LA 70506 (MLS# 25000753)

616 W St Louis Street, Lafayette, LA 70506

$265,000
Property Type: MultiFamily Square Footage: 2,807 Status: Active
Current Price: $265,000 List Date: 5/30/2025 Last Modified: 5/30/2025

Description

Located in the highly desirable Saint Street neighborhood of Lafayette, this fully occupied triplex presents a rare and lucrative investment opportunity. Just minutes from UL Lafayette, downtown, and local amenities, this property offers a strong rental history and consistent income in a high-demand area. The main structure includes two spacious units: Unit A (Downstairs): 1,268 sq. ft. 2 bed 1 bath with central HVAC, private laundry room, and an attached 433 sq. ft. carport/garage for covered parking. Unit B (Upstairs): 927 sq. ft. 2 bed 1 bath with AC/heat window units, and shared access to a laundry room and utilities with Unit C. A separate Unit C studio (439 sq. ft. 2 bed 1 bath) is located in the landscaped backyard, also equipped with AC/heat window units and sharing laundry and utility services with Unit B. Each unit has a private entrance, offering optimal privacy for tenants. The rear yard is fully fenced, shaded, and beautifully landscaped—perfect for outdoor relaxation and tenant appeal. Additional Highlights: Total Dwelling Sq. Ft.: 2,634 Total Including Carport/Garage: 3,067 sq. ft. Bedrooms: 6 | Bathrooms: 4 Tenants are responsible for their own utilities, with select shared water/wastewater usage between Units B & C Excellent potential for increased rental income or long-term value growth Whether you're a seasoned investor or just beginning to build your portfolio, this income-generating triplex offers location, layout, and long-term value. Don't miss your chance—schedule a private tour today!

Supplements: ********

More Information MLS# 25000753

Listing Info

Status: Active Listing Date: 2025-01-24 Listing Price: 265000 Current Price: $265,000 List Price/SqFt: 94.41 Type: Triplex

Location Tax Legal Info

Street Number: 616 Dir: W Street Name: St Louis St Suffix: Street Parish: Lafayette State: LA Zip Code: 70506 Subdivision: Oaklawn Add Area: G3 Tax Assessment Number: 6036060 Elementary School: Myrtle Place Middle School: Lafayette High School: Lafayette Directions: CONGRESS ST TOWARDS DOWNTOWN, LEFT ON ST. MARY, LEFT ON AGNES, RIGHT ON ST. LOUIS. PROPERTY ON RIGHT.

General Property Description

Approximate Age: 51 - 75 Years Number of Units: 3 Stories: 2 SqFt - Living: 2807 SqFt - Source: Public Record Total Parking Spaces: 6 # Heat Units: 3 # AC Units: 3 Individual Metered?: Yes Lot Dimensions: 75x125 Mineral Rights: Conveyed

Water Source

Water Company: LUS

Property Features

Siding: Asbestos Siding; Wood Construction: Frame Foundation: Piers Roof: Composition Heating: Central; Wall Units Cooling: Central Air; Window Units Appliances: Other Sewer: Public Sewer Water Source: Public Financing: Cash; Conventional Showing: 24 Hour Notice
Listing Office: Real Broker, LLC
Last Updated: May - 30 - 2025
616 W St Louis Street, Lafayette, LA 70506- MLS# 25000753
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